Rare corner development opportunity in the heart of Kerem HaTeimanim, one of Tel Aviv’s most unique and desirable neighborhoods.

Prime location within walking distance to the Mediterranean Sea, Carmel Market, restaurants, cafés and Tel Aviv nightlife.

📍 Location:
Kerem HaTeimanim, Tel Aviv

🏢 Development Opportunity:
Corner building designated for demolition and reconstruction with valid approved building rights.

The approved project allows construction of a boutique residential building totaling approximately 500 sqm, divided into 4 residential units of different sizes – creating strong flexibility and sales potential for developers.

📐 Project Data:
Land size: approx. 160 sqm
Future built area: approx. 500 sqm
Outdoor areas & balconies: approx. 150 sqm

🏡 Planned Layout:

• Apartment 1 – Ground & parterre level with English courtyard
  • Apartment 2 – Ground floor with private garden
  • Apartment 3 – Full first floor with balconies
  • Apartment 4 – Duplex penthouse (2nd–3rd floor) with terraces

🚗 Additional Features:
• 3 parking spaces (stacked parking system)
• Private storage for each unit
• Elevator
• Mamad (safe rooms)

Alternative option to redesign into one large urban villa